Industry: Trade - Retail
Putman Investments acquisition of Toys “R” Us Canada
On Aug. 19, 2021, Putman Investments Inc., a Canadian-based, family-owned enterprise, announced its acquisition of Toys “R” Us and Babies “R” Us Canada from certain affiliates of Fairfax Financial Holdings Limited. Toys “R” Us, a household name in children’s toys, has 81 locations across Canada.
Commercial terms of the transaction were not disclosed.
Aird & Berlis LLP, assisted by local counsel across Canada, represented Putman Investments in this complex national M&A transaction with a team led by
Tony Gioia,
and which included
Graham Topa (M&A and financing),
Francesco Gucciardo (tax),
Barb Worndl (tax),
Aaron Bains (financing),
Stephen Zolf (Competition Act),
Grant Cansfield (intellectual property),
Lynn Tay (financing),
David Mba (M&A).
MLT Aikins LLP assisted Aird & Berlis LLP with a team including
Mark Gill,
William E. J. Skelly.
De Grandpré Chait LLP assisted Aird & Berlis LLP with a team including
Piero Biasini,
Fredric L. Carsley.
Cox & Palmer assisted Aird & Berlis LLP with a team including
Gavin MacDonald.
Torys LLP represented Fairfax with a team that included
David Chaikof,
Tom Yeo,
Janan Paskaran,
Michele Qu,
Alisse Elliot (corporate/M&A);
Simon Williams,
Rebecca Jenkins (financing);
Andrew Bedford,
Tyrel Henderson,
Michael Coleman (real estate);
Ed Fan (IP);
John Tobin,
Benjamin Mann (tax).